BSHSL

Bombay Super Hybrid Seeds financials

Market cap
₹932 Cr
Sector
Fast Moving Consumer Goods

What Bombay Super Hybrid Seeds Limited does

Bombay Super Hybrid Seeds Limited produces, processes and markets hybrid and quality agricultural seeds — principally groundnut, gram, wheat, soyabean and cumin, along with other crop seeds — sold under its own "Bombay Super" brand. Seeds are processed and graded (including Sortex colour/size sorting machinery) at its Shreenathji Industrial Estate facility in Kuvadva, Rajkot, and stored in a purpose-built seed cold storage. The company sells through a dealer/depot distribution network spread across multiple Indian states and holds export licences from NSC and APEDA. Its R&D unit (DSIR-recognised) develops new seed varieties in collaboration with agricultural research institutes.

Segments

  • Groundnut
  • Gram
  • Wheat
  • Soyabean
  • Cumin
  • Other agri products
Product portfolio
120+ seed products
Distribution network
14 major states of India
Depot network
8 states of India
Seed cold storage capacity
10,000 metric tonnes
Processing/manufacturing infrastructure
3,00,000 sq. ft. facility, Shreenathji Industrial Estate, Kuvadva, Rajkot
R&D institutional tie-ups
ICRISAT, CIMMYT, IARI, JNKVV, IIHR, MPKV Rahuri, JAU Junagadh, AAU Anand, Harvest Plus
Founded 2000Headquarters Rajkot, Gujarat Company website

Quarterly results

Q1 FY27: revenue up 19.6%, net profit up 16.7% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue28 128 46 153 27 −4%98 −23%66 +43%183 +20%
EBITDA3 10 6 15 4 +33%10 +0%7 +17%17 +13%
Net profit2 9 4 12 2 +0%8 −11%4 +0%14 +17%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −34.1% 1Y

₹60₹80₹100₹120₹140Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹134.72 on 10 Sept 2025 → ₹88.8. High ₹136.87 (11 Sept 2025), low ₹60.7 (30 Mar 2026).

Financials, as filed

Revenue grew 14.7% a year over 3 years, FY23 to FY26. Operating margin widened to 10.5%.

Year endingFY23FY24FY25FY26
Revenue₹228 Cr₹257 Cr₹359 Cr₹344 Cr
Operating profit₹22 Cr₹29 Cr₹33 Cr₹36 Cr
Operating margin9.5%11.3%9.2%10.5%
Interest₹3 Cr₹4 Cr₹6 Cr₹6 Cr
Depreciation₹1 Cr₹0 Cr₹0 Cr₹0 Cr
Net profit₹16 Cr₹23 Cr₹26 Cr₹26 Cr
Net margin7.2%8.9%7.2%7.6%
Cash from operations₹-8 Cr₹12 Cr₹-31 Cr₹-16 Cr
Free cash flow₹-11 Cr₹11 Cr₹-34 Cr₹-19 Cr
ROCE22.0%24.0%21.0%16.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹10 Cr₹10 Cr₹10 Cr₹10 Cr₹10 Cr₹10 Cr
Reserves₹18 Cr₹29 Cr₹46 Cr₹68 Cr₹109 Cr₹121 Cr
Borrowings₹30 Cr₹39 Cr₹53 Cr₹48 Cr₹30 Cr₹108 Cr
Other liabilities₹13 Cr₹19 Cr₹24 Cr₹36 Cr₹14 Cr₹15 Cr
Total liabilities₹73 Cr₹98 Cr₹133 Cr₹162 Cr₹163 Cr₹254 Cr
Fixed assets₹8 Cr₹7 Cr₹9 Cr₹7 Cr₹11 Cr₹10 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹0 Cr
Other assets₹64 Cr₹91 Cr₹124 Cr₹155 Cr₹151 Cr₹244 Cr
Total assets₹73 Cr₹98 Cr₹133 Cr₹162 Cr₹163 Cr₹254 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

The ownership split has held steady since Jun 2025. The shareholder count shrank 6% to 16,406.

Promoters
73.8%
Public
26.2%

Since Jun 2025

  • Public +0.01 pp
  • Promoters 0.00 pp
  • FIIs 0.00 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 73.8%, Public 26.2%.Dec '23: Promoters 73.8%, Public 26.2%.Mar '24: Promoters 73.8%, Public 26.1%.Jun '24: Promoters 73.8%, Public 26.1%.Sep '24: Promoters 73.8%, Public 26.1%.Dec '24: Promoters 73.8%, Public 26.1%.Mar '25: Promoters 73.8%, FIIs 0.0%, Public 26.1%.Jun '25: Promoters 73.8%, Public 26.1%.Sep '25: Promoters 73.8%, Public 26.1%.Dec '25: Promoters 73.8%, Public 26.1%.Mar '26: Promoters 73.8%, Public 26.1%.Jun '26: Promoters 73.8%, Public 26.2%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Bombay Super Hybrid Seeds Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Arvindkumar Jadavjibhai Kakadia 28.49%unchanged
Kiritkumar Jadavjibhai Kakadia 26.82%unchanged
Kishorkumar Devrajbhai Kakadiya 8.20%unchanged
Jadavjibhai Devrajbhai Patel 5.63%unchanged
Hetalben Rajanibhai Kakadiya 0.48%unchanged
Sonalben Arvindbhai Kakadiya 0.47%unchanged
Ankur Kishorbhai Kakadia 0.36%unchanged
Viken Jayantilal Kakadia 0.30%unchanged
Kantaben Jayantibhai Kakadiya 0.30%unchanged
Jayantilal Devrajbhai Kakadiya 0.30%unchanged
Prabhaben Kishorbhai Kakadiya 0.30%unchanged
Rajnikantbhai Jadavbhai Kakadiya (Huf) 0.30%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Expensive

To justify its price of ₹89, this stock must grow earnings at 21% every year for 7 years. Our analysis caps realistic growth at ~17%. At that growth it is worth ₹71 — downside of 20%.

Growth the price implies
21.2% a year
for 7 years, fading to 4%
It has actually compounded at
16.6% a year
net profit, FY23–FY26 · EPS 16.9%
The gap
0.0 pp
-20% downside if it only repeats history
Price today ₹88.8 Value at the reference growth ₹71.17

Change the assumptions yourself →

Learn to analyse Bombay Super Hybrid Seeds Limited

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